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Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit):

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Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Standard Standard Standard Quantity Price Cost Direct materials 3 pounds $4.40 per pound $13.20 Direct labor 2.00 hours 12.00 per hour 24.00 Total cost $37.20 Sitka industries made 2,900 ladders in July and used 8,500 pounds of material to make these units. Sitka Industries bought 15,500 pounds of material in the current period. There was a $250 unfavorable direct materials price variance Enter all amounts as positive numbers. A. How much in total did Sitka pay for the 15,500 pounds? Amount paid 8. What is the direct materials quantity variance? Direct materials quantity variance C. What is the total direct materials cost variance? Total direct materials cost variance D. What if 9,100 pounds were used to make these ladders, what would be the direct materials quantity variance? Direct materias quantity variance E. If there was a $340 favorable direct materials price variance, how much did skapay for the 15,500 pounds of materia Amount paid

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